EWW Mexican Bear Flag

When in doubt short garbage, in this case the whole country of Mexico. Looks like a bear flag/H&S pattern.

Trade stängt manuellt:

Looks like it hit the bottom trendline of the channel on the hourly chart, flipped the weekly puts this morning, may buy next week puts depending on what the market does.

Handel aktiv:

Was looking at USD/MXN currency trade seems to have reversed, went long on EWW with profits from shorting it, lol. Holding overnight since it looks like they might pump futures overnight.

Trade stängt manuellt:

Flipped the calls, I'm not really bullish on Mexico anyways, just playing the bounce.

If this throws a reversal pattern I'm right back to shorting it.